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Ilija Batljan returns today as CEO of SBB's spin-off PPI, which is listed on the Oslo Stock Exchange.

Ilija Batljan returns today as CEO of SBB's spin-off PPI, which is listed on the Oslo Stock Exchange.

Image: Istock/SBB

Listing day for SBB's spin-off PPI: "The price for current shareholders will be high"

Norway Norway — Plus article SBB's spin-off Public Property Invest (PPI) has now been listed on the Oslo Stock Exchange with the starting price set at NOK 14.50. The deal is worth a total of NOK 1,750 million and the company will initially get SBB's former CEO Ilija Batljan as CEO. Nordic Property News has spoken to savings economist and investment platform Levler's founder Joakim Bornold about why SBB is carrying out the special listing and what it means for the respective futures of both struggling companies.
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